Finance

Augusta aims for $3 bln under management by 2022

Jenny Ruth
Thu, 01 Aug 2019

By Jenny Ruth Aug. 1 (BusinessDesk) - Augusta Capital wants to increase assets under management to $3 billion by its 2022 financial year, the property and investment manager told its annual shareholders’ meeting. Augusta had $2 billion in assets under management at March 31, including contracted purchases. Slides filed with NZX show the company wants to create larger funds in New Zealand and to continue to launch single-asset funds, to grow the listed Asset Plus, formerly NPT, and its industrial fund as well as launching a new tourism...

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